Wall Street Broker Says Rival Poached Employees

Law360, New York (August 22, 2012, 6:23 PM EDT) -- Wall Street brokerage Joseph Gunnar & Co. on Monday launched a legal battle against a competitor in court and before the Financial Industry Regulatory Authority, alleging Aegis Capital Corp. recruited three of its brokers — including its CEO's nephew — and tried to use them to steal its customers and trade secrets.

Gunnar filed court documents in New York state court seeking a temporary restraining order against Aegis and the three brokers — Keith Michelfelder, Anthony Lubrano and Tyler Ares. Aegis allegedly paid each of the...
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